New Delhi: Financial services conglomerate HDFC group has become the most valuable business house in the country, surpassing Tatas, with the cumulative market valuation of its five listed companies surging to Rs 10.40 lakh crore.

As many as 22 Tata group firms have a combined market valuation of Rs 10,38,290.08 crore, as per data available on BSE Thursday.
HDFC group had on July 10 this year saw the market capitalisation of its listed firms cross Rs 10 lakh crore mark.

Shares of Gruh Finance Ltd went up by 1.45 per cent, HDFC Standard Life Insurance Company rose by 1.47 per cent, HDFC Asset Management Company gained 1.12 per cent and HDFC climbed 0.63 per cent, while HDFC Bank declined 0.67 per cent on BSE.

The flagship HDFC Ltd has been in business for the last four decades, HDFC Bank has been in business for 25 years and HDFC Standard Life for 20 years. Gruh Finance Ltd is also in business for 30 years.

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